Duff & Phelps Credit Rating Co. (DCR) recently discussed its methodologies for evaluating loan servicing, particularly its criteria that affect the performance of residential mortgage-backed securities.

The event was conducted by Henry Hayssen, RMBS group vice president for DCR, in which he said, "Mortgage servicers who are especially adept in controlling delinquencies and loan losses will be valuable to investors, especially in a period of economic downturn." He added that the servicer is on the "front line in controlling pool performance" by being able to minimize the number of mortgage delinquencies, finding alternatives to foreclosure and reducing loss severity to the lowest possible level.

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